Tycoons welcome PM's push for infra

Tycoons welcome PM's push for infra

Top industrialists on Thursday welcomed Prime Minister Manmohan Singh’s push for  infrastructure by setting a Rs two-lakh crore investment target in the current fiscal, which it is hoped will help the nation regain its nine per cent economic growth rate.

Infosys Co-Chairperson Kris Gopalakrishnan said: “Any investments and initiatives to spur economy and create jobs is welcome. I feel the Prime Minister’s announcement is very good. Of course, we need to make sure that there is action.”

Bharat Forge CMD Baba Kalyani also said that it was positive news. “Development of infrastructure is a major issue. For the last few months this sector has not been given enough attention. If it is implemented, we should see some acceleration in growth. These are important projects,” he said.

Asked what should be done to bring the country back on the growth track, Kalyani said there was a need for faster decision-making in implementing infrastructure projects.

JSW Group Chairman Sajjan Jindal and GVK Group Chairman GVK Reddy also welcomed the move and stated that the Prime Minister’s push is a good step forward.

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